State Street
Operations Client Service, Assistant Vice President
State Street, Boston, Massachusetts, us, 02298
Operations Client Service, Assistant Vice President
Join to apply for the Operations Client Service, Assistant Vice President role at State Street.
We are looking for a candidate with strong accounting knowledge of alternative investments who can interact at various levels of management with large clients, communicate answers, manage day‑to‑day operations of a team, and be organized, multitask, and think independently.
Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for cutting‑edge solutions that are straightforward and scalable, helping us build resilience and achieve day‑to‑day deliverables at our best.
What You Will Be Responsible For As Assistant Vice President you will:
Supervise all junior and senior level staff analysts
Manage client relationships with both client personnel and fund investors
Review quarterly and annual financial work paper packages, including portfolio schedules, accruals and partnership capital allocations
Review quarterly and annual financial statements and footnotes
Review and/or prepare capital calls and distributions, including notices and release merged documents
Review quarterly management fee calculations
Review and/or prepare various client‑related correspondence
Work with internal teams regarding client deliverables such as financial statements, capital calls and distribution notices
Engage in heavy client interaction on a daily basis
Coordinate annual audit and tax return preparation with Big 4 accounting firms
Review and/or prepare waterfall and capital account allocations
Navigate limited partnership agreements
Maintain relationships with all client contacts, including investment professionals, investors, auditors, lawyers, and banking personnel
Ensure compliance with investment fund legal documents, i.e., partnership agreements
Assist accounting managers in ensuring compliance with investment fund agreements and other legal documents
Lead special client projects
Manage internal workflows and meet client deadlines
What We Value
Strong critical‑thinking, problem‑solving, and decision‑making skills
Excellent organizational skills
Effective communication skills
Education & Preferred Qualifications
5‑7 years of accounting experience
5‑7 years of alternative investment experience
5‑7 years of managing a team
Master of Chartered Accountancy (MCH) and advanced Excel knowledge
Salary Range USD 90,000 – 157,500 annually.
Benefits Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a 401(k) retirement plan with company match; insurance coverage (life, medical, dental, vision, long‑term disability, and additional optional coverages); paid time off (vacation, sick leave, short‑term disability, and family care responsibilities); access to an Employee Assistance Program; incentive compensation; and eligibility for certain tax‑advantaged savings plans.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
Equal Opportunity Employer As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID: R-781686
#J-18808-Ljbffr
We are looking for a candidate with strong accounting knowledge of alternative investments who can interact at various levels of management with large clients, communicate answers, manage day‑to‑day operations of a team, and be organized, multitask, and think independently.
Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for cutting‑edge solutions that are straightforward and scalable, helping us build resilience and achieve day‑to‑day deliverables at our best.
What You Will Be Responsible For As Assistant Vice President you will:
Supervise all junior and senior level staff analysts
Manage client relationships with both client personnel and fund investors
Review quarterly and annual financial work paper packages, including portfolio schedules, accruals and partnership capital allocations
Review quarterly and annual financial statements and footnotes
Review and/or prepare capital calls and distributions, including notices and release merged documents
Review quarterly management fee calculations
Review and/or prepare various client‑related correspondence
Work with internal teams regarding client deliverables such as financial statements, capital calls and distribution notices
Engage in heavy client interaction on a daily basis
Coordinate annual audit and tax return preparation with Big 4 accounting firms
Review and/or prepare waterfall and capital account allocations
Navigate limited partnership agreements
Maintain relationships with all client contacts, including investment professionals, investors, auditors, lawyers, and banking personnel
Ensure compliance with investment fund legal documents, i.e., partnership agreements
Assist accounting managers in ensuring compliance with investment fund agreements and other legal documents
Lead special client projects
Manage internal workflows and meet client deadlines
What We Value
Strong critical‑thinking, problem‑solving, and decision‑making skills
Excellent organizational skills
Effective communication skills
Education & Preferred Qualifications
5‑7 years of accounting experience
5‑7 years of alternative investment experience
5‑7 years of managing a team
Master of Chartered Accountancy (MCH) and advanced Excel knowledge
Salary Range USD 90,000 – 157,500 annually.
Benefits Employees are eligible to participate in State Street’s comprehensive benefits program, which includes a 401(k) retirement plan with company match; insurance coverage (life, medical, dental, vision, long‑term disability, and additional optional coverages); paid time off (vacation, sick leave, short‑term disability, and family care responsibilities); access to an Employee Assistance Program; incentive compensation; and eligibility for certain tax‑advantaged savings plans.
About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
Equal Opportunity Employer As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Job Application Disclosure It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Job ID: R-781686
#J-18808-Ljbffr